UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number 811-04010
OCM Mutual Fund
2600 Kitty Hawk Road
Suite 119
Livermore, CA 94551
(Address of principal executive offices)
OCM Mutual Fund
Attn: Greg Orrell
2600 Kitty Hawk Road
Suite 119
Livermore, CA 94551
(Name and address of agent for service)
Registrant's telephone number, including area code: (925) 455-0802
Date of fiscal year end: November 30
Date of reporting period: July 1, 2021 through June 30, 2022
Item 1. Proxy Voting Record
Company Name
| Company Symbol | CUSIP Number | Shareholder Meeting Date | Describe The Matter Voted On
| Proposed by Company or Shareholder | Did Orrell Capital vote? | How did Orrell Capital Vote? | Votes Cast for or Against Management |
| Westhaven Gold Corp. | WHN CN | 960350957 | 7/15/2021 | 1. Set number of directors at 5; 2.1-2.5 Elect | Company | Yes | For | For |
| directors; 3. Appoint Smythe LLP as auditors; 4. | ||||||||
| Approve a 10% rolling stock option plan; 5. | ||||||||
| Transact such other business as may properly | ||||||||
| come before the meeting. | ||||||||
| Maritime Resources Corp. | MAE CN | 57035U953 | 7/29/2021 | 1. Set number of directors at 5; 2.1-2.5 Elect | Company | Yes | For | For |
| directors Hays, MacDonald, Ashcroft, Nikolaakis, | ||||||||
| and Yip; 3. Appoint Davidson & Co. LLP as | ||||||||
| auditors, directors to fix remuneration. 4 | ||||||||
| Approve company's stock option plan 5. Approve | ||||||||
| mgt. actions taken since prior annual meeting. | ||||||||
| Augusta Gold Corp. | G CN | 051276103 | 7/29/2021 | 1. Elect directors; 2. Appoint Davidson & Co. LLP | Company | Yes | For | For |
| as auditors, directors to fix remuneration; 3. | ||||||||
| Approve the company's stock option plan. | ||||||||
| Maritime Resources Corp. | MAE CN | 57035U953 | 7/29/2021 | 1. Set number of directors at 5; 2. Elect directors; | Company | Yes | For | For |
| 3. Appoint Davidson & Co. LLP as auditors, | ||||||||
| directors to fix remuneration; 4. Approve stock | ||||||||
| option plan; 5. Approve actions taken by mgt. | ||||||||
| since the prior annual meeting. | ||||||||
| Royal Road Minerals Ltd. | RYR CN | G76828956 | 8/5/2021 | 1.1-1.4 Elect directors Stone, Coughlin, Hill, | Company | Yes | For | For |
| and Wall; 2. Appoint Clearhouse LLP as auditors, | ||||||||
| directors to fix remuneration; 3. Approve and | ||||||||
| confirm stock option plan. | ||||||||
| GR Silver Mining Ltd. | GRSL CN | 36258E953 | 9/3/2021 | 1. Set number of directors at 6; 2.A-2F. Elect | Company | Yes | For | For |
| directors Demichele, Diaz, Fonseca, Rubenstein, | ||||||||
| Thomson and Zaunscherb; 3. Re-appoint | ||||||||
| Davidson & Co. LLP as auditors, directors to | ||||||||
| fix remuneration; 4. Approve continued use of | ||||||||
| the company's stock option plan, limited to 10% of | ||||||||
| the issued and outstanding shares of the co.; | ||||||||
| 5. Transact any other business. | ||||||||
| K92 Mining, Inc. | KNT CN | 499113959 | 10/28/2021 | 1. Set number of directors at 8; 2.A-2.H Elect | Company | Yes | For | For |
| directors Angus, Eaton, Giardini, Handa, Lewins, | ||||||||
| Stalker and heelock; 3. Appoint Pricewaterhouse- | ||||||||
| Coopers as auditor, directors to fix remuneration; | ||||||||
| 4. Consider and/or approve adoption of | ||||||||
| the new articles of incorporation of the Co.; | ||||||||
| 5. Approve if advisable adoption of the share- | ||||||||
| holder compensation plan. | ||||||||
| Adriatic Metals PLC | ADT AU | BD215T5 | 10/29/2021 | 1. Approval of issue of conversion shares on | Company | Yes | For | For |
| conversion of QRC convertible bonds; 2. Rati- | ||||||||
| fication of issue of Sandfire settlement shares; | ||||||||
| 3. Ratification of issue of Sandfire anti-dilution | ||||||||
| shares; 4. Ratification of issue of Ras Metals | ||||||||
| consideration shares; 5. Approval of issue of | ||||||||
| Capital Raising shares. | ||||||||
| Northern Star Resources Ltd. | NST AU | 6717456 | 11/18/2021 | 1. Adoption of remuneration report; 1. Conditional | Company | Yes | For | For |
| Spill resolution; 3. Approval of issue of 329,776 | ||||||||
| LTI-1performance rights to Stuart Tonkin, CEO; 4. | ||||||||
| Approval of 247,332 LTI-2 performance rights to S. | ||||||||
| Tonkin, CEO; 5. Approval of 164,888 STI | ||||||||
| performance rights to Stuart Tonkin, CEO; 6-10 | ||||||||
| Elect directors Fitzgerald, Langer, | ||||||||
| Richards, Chaney AO, and Warburton. | ||||||||
| Orezone Gold Corp. | ORE CN | 68616T950 | 8/31/2021 | 1. Approval of creation of a new control person | Company | Yes | For | For |
| of the company, being Resource Capital | ||||||||
| Fund VII (or RCF VII) and approval of the | ||||||||
| issuance by the Company to RCF VII (or its | ||||||||
| nominee) of a secured convertible debenture in | ||||||||
| the principal amount of USD 25,000,000.; | ||||||||
| 2. Any other further business. | ||||||||
| Emerald Resources N.L. | EMR AU | 6107381 | 11/25/2021 | 1. Adopt remuneration report; 2. Elect B.J. Slott | Company | Yes | For 1,2,3,4,6 | For 1,2,3,4,6 |
| as director; 3. Re-elect M. Evans as | 5. Take no action | |||||||
| director; 4. Issue options to director M. | ||||||||
| Evans; 5. Increase in aggregate non- | ||||||||
| executive director fee pool; 6. | ||||||||
| Replacement of Constitution. | ||||||||
| Kirkland Lake Gold Ltd. | KL | 49741E100 | 11/26/2021 | 1. To consider a merger between Agnico | Company | Yes | For | For |
| Eagle and Kirkland Lake Gold. | ||||||||
| Paramount Gold Nevada Corp. | PZG | 69924M109 | 12/9/2021 | 1. Elect directors; 2. Vote on the | Company | Yes | For | For |
| ratification of MNP LLP as auditors; 3. | ||||||||
| Approve the amendment to the company's | ||||||||
| 2016 stock incentive and equity plan. | ||||||||
| Agnico Eagle Mines Ltd. | AEM | 008474108 | 11/26/2021 | 1. To consider merger between Agnico | Company | Yes | For | For |
| and Kirkland Lake Gold. Approving the | ||||||||
| issuance by the company of such | ||||||||
| number of common shares as may be | ||||||||
| required to be issued pursuant to or in | ||||||||
| connection with the plan. | ||||||||
| Galway Metals, Inc. | GWM CN | 364585208 | 12/14/2021 | 1.A-1.G. Elect directors; 2. Appoint | Company | Yes | For | For |
| Clearhouse LLP as auditor, directors to fix | ||||||||
| remuneration; 3. Corporation's incentive | ||||||||
| stock option plan that was adopted | ||||||||
| 12/17/2012 for approval. | ||||||||
| Thor Explorations Ltd. | THX CN | B413SZ6 | 12/17/2021 | 1. Set number of directors at 7; 2.1-2.7 | Company | Yes | For | For |
| Elect directors; 3. Appoint BDO LLP as | ||||||||
| auditors, directors to fix remuneration; | ||||||||
| 4. If appropriate, pass resolution to | ||||||||
| approve the company's omnibus incentive | ||||||||
| plan. | ||||||||
| Fiore Gold Ltd. | F CN | 31810L108 | 1/5/2022 | 1. Special resolution for Calibre Mining | Company | Yes | For | For |
| to acquire Fiore Gold, issuing one Calibre | ||||||||
| share for each Fiore Gold share plus | ||||||||
| C$0.10 in cash for each Fiore Gold share. | ||||||||
| Calibre Mining Corp. | CXB CN | 13000C951 | 1/5/2022 | 1. Special resolution for Calibre Mining | Company | Yes | For | For |
| to acquire Fiore Gold, issuing one Calibre | ||||||||
| share for one Fiore Gold share plus | ||||||||
| C$0.10 in cash for each Fiore Gold share.; | ||||||||
| 2. Pass ordinary resolution approving | ||||||||
| amendments maximizing the number of | ||||||||
| common shares issuable under Calibre's restated | ||||||||
| long-term Incentive plan, to be implemented only | ||||||||
| upon the completion of the arrangement between | ||||||||
| Calibre Mining and Fiore Gold. | ||||||||
| Minera Alamos, Inc. | MAI CN | 60283L956 | 1/13/2022 | 1.1-1.5. Elect directors; 2. Appoint MNP LLP as | Company | Yes | For | For |
| auditors; 3. Ratify and approve the continuation | ||||||||
| of the incentive stock option plan; 4. Ratify and | ||||||||
| approve the continuation of the restricted share | ||||||||
| unit plan for the company. | ||||||||
| RTG Mining, Inc. | RTG AU | BM90D50 | 2/24/2022 | 1. Ratification of shares issued under ASX Listing | Company | Yes | For | For |
| Rule 7.1;2. Ratification of issue of Advisor options | ||||||||
| issued under ASX Listing Rule 7.1: 3. Ratification | ||||||||
| of issue of shares issued under ASX Listing Rule | ||||||||
| 7.1A; 4. Approval for Michael Carrick to participate | ||||||||
| in private placement; 5. Approval for Justine | ||||||||
| Magee and 6. Robert Scott to participate in | ||||||||
| private placement. | ||||||||
| Banyan Gold Corp. | BYN CN | 06683K957 | 3/31/2022 | 1. Fix number of directors at 4; 2.1-2.4 /elect | Company | Yes | For | For |
| directors M. Blythe, S. Burleton. T. Christie and | ||||||||
| D. Reid; 3. Appoint Geib & Co. chartered | ||||||||
| accountant, as auditor; 4. If deemed advisable, | ||||||||
| approve rolling share option plan. | ||||||||
| Mineros S.A. | MSA CN | BP0QM95 | 3/31/2022 | 1. Approval of the agenda; 2. Committee to | Company | Yes | For | For |
| review and approve the minutes; 3. Reading and | ||||||||
| approval of the Annual Report; 4. Presentation | ||||||||
| of the separate and consolidated financial | ||||||||
| statements with a cutoff date of Dec, 31,2021.; | ||||||||
| 5. Reading of the report from the auditor; 6. | ||||||||
| Approval of the separate and consolidated | ||||||||
| financial statements with a cutoff date of | ||||||||
| Dec. 31, 2021; 7. Presentation and approval of the | ||||||||
| Plan for the distribution of profit; 8. Approval of | ||||||||
| the amendment of the policy for the election | ||||||||
| performance, and compensation of the Board | ||||||||
| of directors; 9. Advisory vote of the Board of | ||||||||
| Directors; 10. Election of the Board of Directors | ||||||||
| from 2022 through 2023; 11. Establishment of | ||||||||
| the compensation for the Board of Directors; | ||||||||
| 12. Proposals and various. | ||||||||
| Newmont Goldcorp Corp. | NEM | 651639106 | 4/21/2022 | 1.A-1.L. Elect directors (11); 2. Approve on an | Company | Yes | For | For |
| advisory basis, executive officer compensation; | ||||||||
| 3. Ratify appointment of independent | ||||||||
| registered public accounting firm for 2022. | ||||||||
| Wheaton Precious Metals Corp. | WPM CN | 926879953 | 5/13/2022 | A.1-A.10. Elect directors; Appoint Deloitte LLP | Company | Yes | For | For |
| as auditors, directors to fix remuneration; C. | ||||||||
| Advisory resolution on the company's approach | ||||||||
| to executive compensation; D. Any other business | ||||||||
| that may properly come to the meeting. | ||||||||
| Barrick Gold Corp. | GOLD | 067901108 | 5/3/2022 | 1. Elect directors; 2. Approve appointment of | Company | Yes | For | For |
| PriceWaterhouseCoopers LLP as auditor, directors | ||||||||
| to fix remuneration. 3. Advisory resolution on | ||||||||
| approach to executive compensation. | ||||||||
| Agnico Eagle Mines Ltd. | AEM | 008474108 | 4/29/2022 | 1. Elect directors; 2. Appoint Ernst & young LLP | Company | Yes | For | For |
| as auditors, directors to fix remuneration; 3. | ||||||||
| If deemed advisable, pass an ordinary resolution | ||||||||
| approving an amendment to the Company's | ||||||||
| incentive share purchase plan; 4. Pass a non- | ||||||||
| binding advisory resolution accepting Company's | ||||||||
| approach to executive compensation. | ||||||||
| Pan American Silver Corp. | PAAS | 697900108 | 5/11/2022 | 1. Elect directors; 2. Appoint Deloitte LLP as | Company | Yes | For | For |
| auditors, directors to fix remuneration; 3. pass | ||||||||
| if appropriate, non-binding res. Approving | ||||||||
| Company's approach to executive compensation. | ||||||||
| Dundee Precious Metals, Inc. | DPM CN | 265269951 | 5/5/2022 | 1. Elect directors; 2. Appoint Pricewaterhouse- | Company | Yes | For | For |
| Coopers LLP, as auditors, directors to set | ||||||||
| remuneration; 3. Vote resolution re: stock option | ||||||||
| plan; 3. vote resolution accepting company's | ||||||||
| approach to executive compensation. | ||||||||
| Argonaut Gold, Inc. | AR CN | 04016A952 | 5/12/2022 | 1. Set number of directors at 7; 2. Elect directors; | Company | Yes | For | for |
| 3. Appoint PricewaterhouseCoopers as auditors, | ||||||||
| directors to fix their remuneration; 4. Shareholder | ||||||||
| advisory vote on report on executive compen- | ||||||||
| sation. | ||||||||
| SSR Mining, Inc. | SSRM | 784730103 | 5/12/2022 | 1. Elect directors; 2. to approve on year as the | Company | Yes | For | For |
| frequency of future advisory voters re: executive | ||||||||
| compensation; 3. to approve on an advisory basis | ||||||||
| compensation for named executive officers; | ||||||||
| 4. Approve 2022 employee share purchase plan; | ||||||||
| 5. Approve appointment of Pricewaterhouse- | ||||||||
| Coopers LLP as auditors. | ||||||||
| AngloGold Ashanti Ltd. ADR | AU | 035128206 | 5/16/2022 | 1.1-2.2. Re-elect and election of directors; 3.1-3.5 | Company | Yes | For | For |
| Appointment of audit and risk committee members | ||||||||
| 4.1-4.2. Reappointment of Ernst & Young as | ||||||||
| auditors and appointment of Pricewaterhouse- | ||||||||
| Coopers LLC as auditors; 5. General authority to | ||||||||
| directors to allot and issue ordinary shares; 6.1- | ||||||||
| 6.2 Separate non-binding advisory endorsements | ||||||||
| re: remuneration policy and implementation. 7. | ||||||||
| remuneration of non-executive directors; 8. | ||||||||
| General authority to acquire Company's own | ||||||||
| shares; 9. General authority for directors to issue | ||||||||
| for cash, those ordinary shares which the | ||||||||
| directors are authorized to a lot and issue; | ||||||||
| 10. General authority to provide financial | ||||||||
| assistance; 11. Approval of the MOI amendment. | ||||||||
| Endeavour Mining Corp. | EDV CN | G3040R950 | 5/24/2022 | 1-10 Re-elect and elect directors; 11. Reappoint | Company | Yes | For | For |
| BDO LLP as auditors; 12. Authorize the Audit | ||||||||
| Committee to fix remuneration of auditors; 13. | ||||||||
| Approve the director's' remuneration policy; 14. | ||||||||
| Approve directors' remuneration report | ||||||||
| excluding the directors' remuneration policy; 15. | ||||||||
| That the directors be authorized to exercise all the | ||||||||
| powers of the Co. to allot shares or grant rights | ||||||||
| to subscribe for or to convert any security into | ||||||||
| shares of the company; 16. If 15 passes, the | ||||||||
| directors be authorized to allot equity securities | ||||||||
| of the company wholly for cash; 17. That | ||||||||
| subject to 15 passing and in addition to 16 | ||||||||
| authority be given to directors to a lot equity | ||||||||
| securities for cash; 18. That the Company be | ||||||||
| and is hereby generally and unconditionally | ||||||||
| authorized to make market purchases of ordinary | ||||||||
| shares in the capital of the company; 19. That a | ||||||||
| general meeting other than an annual meeting | ||||||||
| be called on not less than 14 clear day's notice. | ||||||||
| Hecla Mining Co. | HL | 422704106 | 5/25/2022 | 1A-1B. Election of Class 111 directors; Appoint | Company | Yes | For | For |
| BDO USA, LLP as auditors for 2022; 3. Approve | ||||||||
| on an advisory basis, named executive officer | ||||||||
| compensation. | ||||||||
| RTG Mining, Inc. | RTG AU | BM90D50 | 5/27/2022 | 1. Receive annual financial statements; 2. | Company | Yes | For | For |
| Approval of auditors; 3. Approval to issue shares | ||||||||
| under ASX listing rule; 4. Approval to fix number | ||||||||
| of directors; 4A-4F. Elect directors. | ||||||||
| Alamos Gold, Inc. | AGI | 011532108 | 5/26/2022 | 1. Elect directors; 2. Re-appoint KPMG, LLP as | Company | Yes | For | For |
| directors, directors to fix their remuneration; | ||||||||
| 3. Approve company's long-term Incentive Plan | ||||||||
| as well as revisions to the plan; 4. Approve | ||||||||
| the unallocated shares under the Company's | ||||||||
| employee share purchase plan, as well as | ||||||||
| revisions to the plan's amendment provision; | ||||||||
| 5. If advisable, approve the Company's amended | ||||||||
| and restated shareholder rights plan; 6. if | ||||||||
| advisable, approve an advisory resolution on the | ||||||||
| company's approach to executive compensation. | ||||||||
| Black Cat Syndicate Ltd. | BC8 AU | BFX28Y7 | 5/31/2022 | 1. 1. Approval for acquisition; 2. Ratification of | Company | Yes | For | For |
| prior issue of shares, Rule 7-1; 3. Ratification of | ||||||||
| prior issue of shares, Rule 7-A; 4. Approval for | ||||||||
| Tranche 2 of placement; 5-7. Issue of shares to | ||||||||
| related parties: Paul Chapman, Philip Crutchfield, | ||||||||
| and Tony Polglase. | ||||||||
| Jaguar Mining, Inc. | JAG CN | 47009M954 | 6/3/2022 | 11-1.7 Elect directors; 2. Appoint KPMG LLP as | Company | Yes | For | |
| auditors, directors to fix remuneration; 3. Ratify | ||||||||
| and re-approve stock option plan. | ||||||||
| Liberty Gold Corp. | LGD CN | 53056H955 | 6/9/2022 | 1.1-1.6 elect directors; 2. Appoint Pricewater- | Company | Yes | For | For |
| houseCoopers LLP as auditors, directors to | ||||||||
| fix their remuneration. | ||||||||
| Tajiri Resources Corp. | TAJ CN | 87405Y954 | 5/31/2022 | 1. Set number of directors at 5; 2.A-2.E Elect | Company | Yes | For | For |
| directors; 2. Appoint DeVisser Gray LLP as | ||||||||
| auditors, directors to fix their remuneration; 4. | ||||||||
| Approval for the renewal of the Company's | ||||||||
| 10% rolling stock option plan; 5. Transact any | ||||||||
| further business that properly comes before the | ||||||||
| meeting. | ||||||||
| OceanaGold Corp. | OGC CN | 675222954 | 6/9/2022 | 1. Elect directors; 2. Appoint Pricewaterhouse- | Company | Yes | For | For |
| Coopers as auditors, directors to determine their | ||||||||
| compensation; 3. Approve a non-binding advisory | ||||||||
| resolution re: executive compensation. | ||||||||
| Apollo Silver Corp. | APGO CN | 03770A950 | 6/10/2022 | 1. Set number of directors at 7; 2.1-2.VII. Elect | Company | Yes | For | For |
| directors; 3. Re-appoint Davidson & Co. LLP as | ||||||||
| auditors, directors to fix their remuneration. 4. | ||||||||
| Pass ordinary resolution approving company's | ||||||||
| amended and re-stated share option plan; 5. | ||||||||
| Transact any further business. | ||||||||
| Aya Gold & Silver, Inc. | AYA CN | 05466C950 | 6/22/2022 | 1.1-1-8 Elect directors; 2. Appoint KPMG LLP as | Company | Yes | For | For |
| auditors, directors to fix their remuneration; 3. | ||||||||
| Confirmation of By-Law; 4. Advisory resolution | ||||||||
| on corporations approach to executive | ||||||||
| compensation. | ||||||||
| B2Gold Corp. | BTO CN | 11777Q951 | 6/22/2022 | 1. Set number of directors at nine; 2.1-2.9 | Company | Yes | For | For |
| Elect directors; 3. Appoint Pricewaterhouse- | ||||||||
| Coopers LLP as auditors, directors to fix | ||||||||
| their remuneration; 4. Non-binding resolution | ||||||||
| re: executive compensation. | ||||||||
| Superior Gold, Inc. | SGI CN | 86816U957 | 6/23/2022 | 1.A-1.E. Elect directors; 2. Appoint KPMG LLC as | Company | Yes | For | For |
| auditors, directors to fix their remuneration; | ||||||||
| If advisable, approve the stock option plan. | ||||||||
| Fortuna Silver Mines, Inc. | FVI CN | 349915959 | 6/27/2022 | 1. Set number of directors at seven; 2.1-2.7 | Company | Yes | For | For |
| Elect directors; 3. Appoint KPMG LLP AS auditors | ||||||||
| directors to fix their remuneration. | ||||||||
| Orezone Gold Corp. | ORE CN | 68616T950 | 6/15/2022 | 1. Set number of directors at 8; 2.1-2.8 Elect | Company | Yes | For | For |
| directors; 3. Appoint Deloitte LLP as auditors, | ||||||||
| directors to fix their remuneration; 4. Approve | ||||||||
| the Company's stock option plan; 5. To re-approve | ||||||||
| Company's restricted share unit plan; 6. To | ||||||||
| re-approve deferred share unit plan. | ||||||||
| Calibre Mining Corp. | CXB CN | 13000C951 | 6/15/2022 | 1. Elect directors; 2. Appoint Pricewaterhouse- | Company | Yes | For | For |
| Coopers LLP as auditors. Directors to fix their | ||||||||
| remuneration. | ||||||||
| Benchmark Metals, Inc. | BNCH CN | 08162A955 | 6/22/2022 | Set number of directors at 5. 2.A-2.E. Elect | Company | Yes | For | For |
| directors; 3. Appoint Elliott LLP as auditors, | ||||||||
| directors to fix their remuneration; 4. Ratify and | ||||||||
| approve existing stock option plan. | ||||||||
| Wesdome Gold Mines Ltd. | WDO CN | 95083R951 | 6/23/2022 | 1. Elect directors; 2. Appoint Grant Thornton LLP | Company | Yes | For | For |
| as auditor, directors to fix their remuneration; | ||||||||
| 3. If advisable, pass a non-binding resolution | ||||||||
| accepting executive compensation. | ||||||||
| Montage Gold Corp. | MAU CN | 6117BL952 | 6/23/2022 | 1. Appoint PricewaterhouseCoopers as auditors. | Company | Yes | For | For |
| directors to fix their remuneration; 2. Fix number | ||||||||
| of directors at seven; 3.1-3.7 elect directors; | ||||||||
| 4. Approve ordinary resolutions regarding | ||||||||
| 2022 stock option plan; 5. Transact other | ||||||||
| business that is properly brought before the | ||||||||
| meeting. | ||||||||
| K92 Mining, Inc. | KNT CN | 499113959 | 6/30/2022 | 1. Set number of directors at 9; 2.A-2I. Elect | Company | Yes | For | For |
| directors; 3.PricewaterhouseCoopers LLC as | ||||||||
| auditor, directors to fic their remuneration. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
OCM Mutual Fund
| /s/ Gregory M. Orrell |
Gregory M. Orrell
President
August 10, 2022
